Jan 18, 2013 7:00pm EST
during the longer term time frame building some defense into your portfolio makes sense displom you're doing that by going with phillip morris international. a nice yield of 4%. that's a bit protective. and a stock price at close to $90 a share. what do you expect over the next 12 months? >> this is our broad theme of moving into the middle, taking away from the most risky equityes, taking away from the most defensive cash and treasury investments. that means being more defensive in equity. it's a quality growth dividend growth, stable business where the revenues will not move around a lot in different economic environments but because of their high profit margins, they're able to generate a good amount of investment returns for us through the period. we think that's an ideal investment, preferg to be in the middle of the risk spectrum not on the two extremes. >> tom: are you willing to give up a littlibility of the volatility. in other words do you expect phillip morris to keep pace with the overall market this year or do better or worse? >> it's not our intention to have phillip morr
Jan 18, 2013 6:30pm EST
. >> reporter: well secretary of defense leon panetta was in london meeting cameron, a u.s. plane was evacuating wounded hostages, including at least one american, to a military hospital in germany. >> terrorists should be on notice that they will find no sanctuary, no refuge, not in algeria, not in north africa, not anywhere. >> reporter: and the kidnappers are now reportedly offering a prisoner swap. they say they'll release two americans they say they're still holding if the u.s. releases two prisoners it's holding in u.s. prisons on terror convictions. and, of course, scott, they're still threatening further attacks. >> pelley: mark, thanks very much. the leader of that terror group that mark just told us about, mokhtar mokhtar has an entourage that calls him the prince but that's just one of his aliases and we asked david martin to find out more about him. >> mock tar bel mock tar, a.k.a. one eye, because he lost an eye fighting in afghanistan. a.k.a. the marlborough man because he made a living smuggling cigarettes. no westerner knows him better than former canadian diplomat rob
Jan 16, 2013 5:30pm PST
morning by militants claiming to be members of al qaeda. defense secretary panetta learned of the attack while on a visit to italy. >> by all indications, this is a terrorist act, and the united states strongly condemns these kinds of terrorist acts. it is a very serious matter when americans are taken hostage. >> reporter: under the command of a veteran terrorist who goes by an arabic nickname meaning "one-eyed man," the attackers say they are retaliating for french air strikes against al qaeda-linked terrorists across the border in mali. with u.s. backing, the french- launched strikes started last friday in an effort to stop hardline islamic groups from taking over the country. in an operation expected to last into february, france is also sending 2,500 ground troops. according to u.s. officials, the french have run into stiffer- than-expected resistance. algerian troops have surrounded that gas complex where the americans are being held. the terrorists are quoted as saying they won't release their hostages until france stops its operations in mali. >> pelley: david, thank you.
Jan 17, 2013 6:30pm EST
say tonight a number of hostage hostages and terrorists have been killed. traveling in london, defense secretary leon panetta said either seven or eight americans were taken in the original terrorist attack. mark phillips picks up the story. >> reporter: early today, what had been a hostage-take standoff at a massive natural gas plant in the algerian desert turned violent and bloody. algerian troops had surrounded the plant after a number of foreign workers-- some reports say more than 40-- were taken hostage by an islamic group calling itself the mass brigade, and claiming ties to al qaeda. security sources told us that when the prisoners were moved within the compound, algerian hipgunships opened fire. one irish hostage, steven mcfaul, recounted the ordeal to an arabic tv channel as it was happening. >> >> reporter: steven mcfaul's family were celebrating tonight. he along with an unknown number of other hostages managed to escape. his son, dillon, was overjoyed. >> i feel over the moon. i'm just really excited. i just can't wait for him to get home. >> reporter: at least one america